ZINNWALD LITHIUM PLC (LON:ZNWD)

Established in 2012, Zinnwald Lithium Plc, formerly Eriss Resources Plc is a UK-based mineral exploration and development company, focused on fast-tracking the advanced, integrated Zinnwald Lithium Project in Germany to deliver high value lithium products to Europe’s rapidly growing energy storage and EV markets. Bacanora Lithium holds 44.32% interest in the company and has to appoint one director to the company’s board of directors. The company’s shares are traded on the Alternative Investment Market (AIM) of the London Stock Exchange since 2017 as LON: ZNWD.

The company operates two projects that include Zinnwald Lithium Project and Ireland. The Zinnwald Lithium Project has 100% interest and operational control with the company. It is an advanced, integrated lithium project in Europe that produces high-value battery grade lithium products, with mine life of 30 years. The project is located 35 kms from Dresden in the heart of the European automotive and chemical industries. The projects annual production of Lithium is 7,285 t.p.a. LCE² and annual production of K₂SO₄ is 32,000 t.p.a. the company produces lithium hydroxide, lithium carbonate and lithium fluoride (Li2CO3, LiOH, LiF) or a combination thereof.

In Ireland the company comprises of the Abbeytown Project in Country Sligo and holds five licence with area covering 136km sq. it is a Brownfield exploration project access and evidence of mineralization extending southwards from the historic workings to new targets near the Ox Mountains Fault Zone.